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Home/News Feed/Scotiabank raises Simon Property Group price target to $222 after strong Q2 results and higher full-year guidance.
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Scotiabank raises Simon Property Group price target to $222 after strong Q2 results and higher full-year guidance.

Company Fundamentals
20 Aug 2026
Tony Dante
View Source
Bullish
Scotiabank raises Simon Property Group price target to $222 after strong Q2 results and higher full-year guidance.

Scotiabank raised its price target for Simon Property Group to $222 from $220 while maintaining a neutral Sector Perform rating. The real estate trust reported a 19.5% revenue increase to $1.79 billion in Q2 2026, with stable 96% occupancy at its U.S. malls and Premium Outlets. Real Estate FFO per share grew 7.9% to $3.29, prompting the company to raise its full-year FFO guidance. Simon Property Group also declared a 4.7% higher quarterly dividend, reflecting confidence in its financial health and growth prospects.

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Simon Property Group sets Q3 2026 earnings release and conference call for Nov 5

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Simon Property Group, a leading real estate investment trust specializing in shopping and entertainment destinations, announced it will release its third quarter 2026 earnings after market close on November 5. The company will hold a conference call ...

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